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how much does a restaurant meal cost in iceland

Fish & Chips at a campsite right next to Geysir ISK 1400. On 1st July 2019 a twin room would cost: ISK: 11.610 – 12.900EUR: 82.05 – 91.17USD: 92 – 102. Check out this guide and pack your suitcase, because now just might be the best time to visit Iceland! We wanted to get a chicken burger at a gas station and it would’ve been $21 per person! Should you long for sincerity, fair trade, and a glimpse into Iceland's economic and cultural history, you would do well to take your business to the endangered species that is the Reykjavik corner shop. I have just returned from a week in Iceland and food is expensive. A standard twin room at Reykjavik Downtown HI Hostel would cost around 20.500 ISK (Euro 144,88 / USD 163) on 1st July 2019 and just 18.501 ISK (Euro 130.75 / USD 147) on 1st October 2019 – so it is still a little cheaper to stay in Spring or Autumn! Restaurant prices in Iceland If you go to a proper restaurant anywhere in the country, the cheapest thing on the menu will be at least US$12 to US$15. 500 ml of beer will set you back between 900 and 1.500 ISK with prices of 1.000 to 1.200 ISK being typical. Between October 1st and the end of March, these prices reduce by around 33%. My Reykjavík favorites are Loft Hostel and Kex Hostel, both have lively and cozy bars and very individual styles – there is always plenty going on but you can just chill out if you want. You might want to check out the facilities, because if you opt for the room, you may be sharing the bathroom with other guests or your host. Re: Cost of food an drink in Iceland . Hehe – so glad that you found this post resourceful! Eggs 10$ its a shocker anyway, thanks for heads up. You want to determine your menu prices while implementing cost-controlling measures for added profitability.It’s vital to determine appropriate prices for your food because this is where your profits come from. Companies will not normally rent a van to you for less than three days, especially in the summer. Any recommendations? I kid you not $11 for a beer is totally normal in Iceland! Quite a few have guest kitchens, and cooking for yourself is another great way to keep costs lower. Main Course - 15 - 25 pounds in a reasonable restaurant , Cheaper fast food is available such as Subway , KFC and Hot Dogs I know how challenging it can be to want to travel the world without the right resources or financial know-how. To help you get an overall impression about prices in Iceland, we gathered recent information about accommodation, food, and transport for the year 2019. Thanks so much for this very helpful post!!! Locals use plastic for even small purchases. Many visitors say gas is expensive in Iceland, however, the prices are not very different from those in the UK. If the cost of the ingredients should rise to $7 then to still remain at a food cost percentage of 33%, the sale price of the meal must increase to $21 and profit will rise to $4. your Subway prices seem out of date. If you are willing to stay on the outskirts of Reykjavík it can be easier to find slightly cheaper Airbnb accommodation. Airbnb prices have also reduced compared to the last year when the accommodation began at ISK 12.152 / EUR 100 / USD 124. Iceland can be quite an expensive place but there is a way to do it on a more cheaper matter. It’s also good to know that while some hosts share their bathroom or kitchen with the guests, others might refuse to do so. In terms of packing I would suggest wearing waterproof clothing and layers. It is somehow justified. If you are going out of the city center, which can be great if you have a car rental, then the prices are going to go down. The most expensive vehicles come with extras, for example, a shower and/or a roof tent. The initial cost of the dinner can be broken down into two areas. These include Iceland food costs for items found at grocery stores, coffee shops, bars and restaurants. High food costs are a large part of it. Two examples of the sky high prices, picked at random in December 2016: A bottle of vodka (1 liter/33.8 fl. 22 reviews. For more on how much a trip to Iceland costs – check out my detailed Iceland budget breakdown here. These are all more affordable options in the city center. Loves writing, food, runes, Reykjavík life, traveling in Iceland and being out in nature. What was your favorite part? President of the Restaurant Advisory Service (RAS) in the US, Ron Gorodesky, believes that the most successful restaurants generate food cost percentages in the low to mid 30’s. We've sent you an email to confirm your subscription. Kjötborg is located on Ásvallagata 19 Melabúðin is located on … Iceland is not a cheap country when it comes to food but there certainly are ways to keep the costs down. Another site which is very useful for researching hostels is hostels.is, particularly when you want to arrange stays at various locations around Iceland. Searching booking.com for the 1st October 2019 found some cheaper hotel and guesthouse rooms located less than 3 km from the city center. As you can see the prices vary quite a lot. Taxes on food in Iceland is 7% but when you calculate your cost of eating out you don´t have to add them to your food bill since it is already included. Not quite in the center of Akureyri, it has great views of the mountains and is particularly good value. Main Course - 15 - 25 pounds in a reasonable restaurant , Cheaper fast food is available such as Subway , KFC and Hot Dogs In fact, the average cost of a meal at even the most budget-friendly of restaurants will probably set you back about $25-30 per person. Once the best-kept secret in Reykjavik, Noodle Station is now regarded as one of the top… Learn how to plan an affordable and adventurous trip with my Iceland travel guide. I’m trying to find reasonably places to stay. Prices from 3,9 USD = 500 ISK per piece. My one friend was saying “oh its cheap if you buy everything at the grocery store” and my other friend as like “a dozen eggs are $10 when they are normally $2 in the US!” This article puts that debate to rest! Rye bread (and butter) Icelandic rye bread, or rúgbrauð, is a staple for Icelandic cuisine. It is not a custom to pay tips in Iceland but some restaurants have jars for tips and are extra glad when someone gives them tips. Daily Budget: 7,900-11,600 ISK ($75-$110 USD) Breakfast: 2,000-2,500 ISK ($19-$24 USD) Lunch: 2,100-3,700 ISK ($20-$35 USD) Dinner: 2,600-4,225 ISK ($25-$40 USD) Beer or wine (at bar): 1,160 ISK ($11 USD) Krónan and Hagkaup offer a good choice of high-quality products but they are also more expensive than Bónus. A bit more expensive than the Tri-State but not by much. Ready to book your trip to Iceland? So, if you are staying out of town you can cut your accommodation budget by around 30-50%! Bag of Sour Cream & Onion chips: 199 ISK or $1.86 USDeval(ez_write_tag([[336,280],'thoughtcard_com-medrectangle-3','ezslot_3',104,'0','0'])); Icelandic Chocolate: 549 ISK or $5.16 USD, Read Next: Things to Know About Iceland Grocery Stores, Bag of Doritos chips: 349 ISK or $3.28 USD, Bagel and cream cheese: 650 ISK or $6.10 USD. If your accommodation gives access to a kitchen, you can cut costs a lot. The shoulder seasons of March / April and September / October can often offer some bargain prices. In terms of street food and cheap places to eat in Reykjavik, we’ve made a separate blog post about the places for foodies with meals that cost around 1000 ISK / less than 10$. 3. ISK: 6.650 – 13.583EUR: 47 – 96USD: 53 – 107. I live in London and am used to the high prices we have, but Iceland was insanely expensive. On a budget ?, 10 pounds plentyful for two persons daily, in a grocery shop. However, the price of beer in Iceland may differ from one place to another. Please be informed the office will be closed on December 24th - 27th, 31st and 1st of January 2021 due to Holiday season. If breakfast is included in your accommodation, then go for it! Filling up the tank of a small petrol car usually costs around 8000 ISK. My wife and I are planning our 7 day Iceland trip in a months time and your site is so helpful in putting our worries to rest. People from Norway say Icelandic fuel prices are lower than they are used to be, although it’s true that most other countries have cheaper petrol. Iceland is not a cheap country when it comes to food but there certainly are ways to keep the costs down. © Copyright 2020. I would say approx about 50% more than say London prices. PIN required for purchases. Prices for this hostel have gone down as well, compared to last year, when prices for a twin room for July 1 started at ISK 14.400 / EUR 118 / USD 146 and for October 1 at ISK 8.872 / EUR 73 / USD 90. Likewise, you can often find lower prices out in the countryside. Loft offers soups and light refreshments, Kex serves tasty pub style meals and snacks. This is why the absolute biggest Iceland food budget tip I can give would be to cook your own meals. Eating out is expensive in Iceland, as are most other things. How much does food cost in Iceland? Meal, Inexpensive Restaurant : 2,500.00 kr: 1,500.00-4,500.00: Meal for 2 People, Mid-range Restaurant, Three-course : 14,000.00 kr: 10,000.00-56,665.00: McMeal at McDonalds (or Equivalent Combo Meal) 1,774.50 kr: 1,500.00-2,000.00: Domestic Beer (1 pint draught) 1,200.00 kr: 869.53-1,500.00: Imported Beer (12 oz small bottle) 1,000.00 kr: 800.00-1,500.00 Seeing these prices i think it will be expensive month. Canada. Daily Budget: 7,900-11,600 ISK ($75-$110 USD), Latte at Joe & The Juice: 450 ISK or $4.22 USD, Americano at Cafe Haiti: 520 ISK or $4.90 USD, Latte at Reykjavik Roasters: 600 ISK or $5.63 USD, Croissant at Braud & Co, Reykjavik: 450 ISK or $4.22 USD. This is largely due to the numerous newly-built hotels that offer accommodation in the luxury range. Eeek! When you add in labor costs, you might be up to $14.50. Well, it is a bit expensive but considering the fact that Iceland heavily relies on tourism for revenue generation. Icelandic Street Food, Reykjavik: See 3,196 unbiased reviews of Icelandic Street Food, rated 5 of 5 on Tripadvisor and ranked #4 of 481 restaurants in Reykjavik. Compared to last year, prices for this type of accommodation fell as well (prices started at ISK 11.545 / EUR 95 / USD 117). Although in areas where the demand is very high and only a few accommodation options, prices can be pushed up. Preparing your own food and going for a picnics is always going to be cheaper than eating out all the time. Put that debate to rest! © Copyright 2020 The Thought Card | All Rights Reserved, City Stories: The Four City East Coast Road Trip Guide, Jenny Life: Life Insurance Coverage Cost Savings & Benefits, Things to Know About Iceland Grocery Stores, How To Save For Your Dream Wedding With A Wedding Savings Account, Get Compensated For Flight Delays and Cancellations in Europe With Click2Refund, 3 Ways To Experience Niagara Falls Up Close, Introducing The Thought Card Membership For Financially Savvy Travelers, Beer or wine (at bar): 1,160 ISK ($11 USD), Croissant and cheese: 600 ISK or $5.63 USD. Save. Restaurants, 10 - 25 for a single meal, + drinks, water is always free. Consumer Prices in Iceland are 22.72% higher than in Australia (without rent) Rent Prices in Iceland are 19.00% higher than in Australia: Restaurant Prices in Iceland are 45.18% higher than in Australia: Groceries Prices in Iceland are 16.04% higher than in Australia: Local Purchasing Power in Iceland is 27.90% lower than in Australia However, you do need to check out each individual hostel, their prices, and their facilities as they can vary. Meal in a cheap restaurant 1.700 – 3.000 ISK (Euro 12.01 – 21.20 / USD 13.50 – 23.82)Soup and bread 1.200 – 2.900 ISK (Euro 9.87 – 23.86 / USD 12.25 – 29.61)3 course meal medium price for 2 people 8.000 – 16.000 ISK (Euro 56.54 – 113.08 / USD 63.51 – 127.02)McDonalds or combo meal deal 1.490 – 1.890 ISK (Euro 10.53 – 13.38 / USD 11.83 – 15.03)500 ml beer (domestic) 1.000 – 1.290 ISK (Euro 7.07 – 9.12 / USD 7.94 – 10.24)Standard glass of wine 900 – 1.400 ISK (Euro 7.40 – 11.52 / USD 9.19 – 14.29)Regular filter coffee 350 – 600 ISK (Euro 2.88 – 4.94 / USD 3.57 – 6.13)Cappuccino 418 – 649 ISK (Euro 2.96 – 4.59 / USD 3.33 – 5.16), 1 liter milk 142 – 179 ISK (Euro 1.00 – 1.27 / USD 1.13 – 1.42)500g white bread loaf 260 – 450 ISK (Euro 1.84 – 3.18 / USD 2.06 – 3.57)1 kg white rice 200 – 578 ISK (Euro 1.41 – 4.08 / USD 1.59 – 4.59)1 kg pasta 300 – 500 ISK (Euro 2.47 – 500 / USD 2.51 – 5.08)12 eggs 500 – 750 ISK (Euro 3.53 – 5.30 / USD 3.97 – 5.95)1 kg boneless chicken 1,600 – 2,300 ISK (Euro 11.31 – 16.25 / USD 12.70 – 18.26)1 kg beef steak 2,000 – 4,000 ISK (Euro 14.13 – 28.27 / USD 15.88 – 31.76)1kg oranges, apples or bananas 200 – 417 ISK (Euro 1.41 – 2.95 / USD 1.98 – 3.31)1 kg potatoes 200 – 390 ISK (Euro 1.65 – 3.04 / USD 1.59 – 3.10)1 kg tomatoes 300 – 600 ISK (Euro 2.12 – 4.24 / USD 2.38 – 4.36)1 kg onions 80 – 300 ISK (Euro 0.57 – 2.12 / USD 0.64 – 2.38)1 kg carrots 350 to 650 ISK (Euro 2.88 – 5.35 / USD 3.56 – 6.60)Pack of salad leaves 199 – 800 ISK (Euro 1.64 – 6.58 / USD 2.02 – 8.13)Single lettuce 189 – 400 ISK (Euro 1.34- 2.83 / USD 1.50 – 3.18)Cucumber 150 – 400 ISK (Euro 1.23 – 3.29 / USD 1.57 – 4.06). In 2018, the prices were slightly higher: ISK 15.550 ISK – 53.000 / EUR 125 – 426. Stay on the 1st October 2019 and you will pay less: ISK: 7.920 – 8.800EUR: 55.97 – 62.19USD: 63 – 70. We wrapped up a 3 month trip there recently. Level Contributor . Arctic Adventures. I would love to go to Iceland but those prices are insane. We are here to help! $4 for a muffin and $5 for fries is crazy, I remember paying these prices very well! Have a great trip to one of my favorite places on Earth! She refuses to let her financial responsibilities hold her back from living life on her terms. There really hasn’t been a better time to visit Iceland in the past decade than right now. Nice breakdown Danielle. If you want to save money on your accommodation, some hostels which are less stylish, but still comfortable, and not quite in the heart of the city offer cheaper private rooms, so again it depends on your priorities. Excellent – looking forward to hearing all about your trip! Prices in Iceland 2019 – Why now is the best time to fly to Reykjavik. The Smyril Line Ferry Company can ship your car from Denmark to Seyðisfjörður, a charming port on a magnificent fjord in East Iceland. Based in Connecticut, I share practical tips so you can afford to travel more, pay off debt and build wealth. To me the food isn’t terribly expensive (except the eggs). Therefore, the entire meal costs you $8.50. And if you want to be really ‘central’ in Reykjavík, select “Miðbær” from the “Neighborhoods” filter options (there the prices for 1 July 2019 begin at approximately ISK 15.424 / EUR 109 / 121 USD). It doesnt sound like much, but these are the six best things to eat in Reykjavik, Iceland especially if youre visiting Reykjavik on a budget (and, honestly, even if your funds are limitless, these classic Reykjavik food items should be on your must-eat list of Icelandic cuisine). Required fields are marked *. Explore the lava fields surrounding Mt.Helgafell volcano, 96 ... Combo meal in fast food restaurant (big mac meal or similar) 1,806 kr 500 gr (1 lb.) 860, plenty of rooms at good city hotels at 11.920 – 23.088EUR: 60 – 324, plenty of rooms at good city hotels 94 – 190USD: 68 – 364, plenty of rooms at good city hotels 161.15 – 235.52, Compared to the last year, prices for hotel rooms have gone down. She refuses to let her financial responsibilities hold her back from living life on her terms. Now that you’ve familiarized yourself with some of Iceland’s food costs, plug these figures into your budget and pack your bags. Foot-long sub from Subway in Egilsstaðir ISK 1250. B-) Report inappropriate content . https://thoughtcard.com/wp-content/uploads/2017/10/San-Franscico-Brunch-Spots-1.jpg, https://thoughtcard.com/wp-content/uploads/2017/07/FinalLogoHighTransparent-01.png. Hot dogs, fish, soup, yogurt, tomatoes and orange soda. As one of the most unique and remote travel destinations, Iceland is known not only for its spectacular views, but also for taking a top spot in the list of expensive countries. USD, 55 Guest houses are often charming, with many offering similar facilities to a small hotel. It will come as no surprise that food in Iceland is expensive, especially if you eat in a restaurant. I would say approx about 50% more than say London prices. But even if some price tags are bigger, it doesn’t mean you should avoid Iceland! A bowl of soup and other dishes can cost from 9,3 USD = 1 190 ISK; Hamburgers, meat and vegetarian dishes 7,8 - 12,5 USD = 1000 - 1 600 ISK; Common pizza. These bargain meals are great options for budget friendly eating in Reykjavík. So helpful seeing this breakdown, definitely want to visit soon! Compare the Cost of Living in Reykjavik with any other city in the world. However, in the spirit of providing you with the important information you need to financially prepare for your upcoming trip, I’m going to share with you the Iceland food prices that I’ve seen during my two most recent trips. And for even more helpful resources to plan your trip to Iceland, grab a copy of my Iceland travel guide: Iceland: Nature, Nurture & Adventure!eval(ez_write_tag([[728,90],'thoughtcard_com-box-3','ezslot_6',103,'0','0'])); This daily food and drink budget is perfect for mid-range or budget-conscious travelers. Check out our multiday vacation packages to get the most bang for your buck! Hi Jay, I’ve stayed at Loft Hostel and Kex Hostel and also Captain Reykjavik (guest house with kitchen access). Standard insurance coverage is included, with extra options being available for an additional fee. Thanks Paige! The prices were checked out searching on www.booking.com for a twin room for the 1st of July 2019 for the accommodation located less than 3 km from the city center. USD. Iceland is an expensive country, that’s a fact BUT there are budget friendly ways to go about visiting. Some, but not all vehicles, can be insured for driving on F roads. The wrap—the potato, vegetable, salad, and bread that come with the filet, as well as any condiments—costs $2.50. Reykjavik has a good selection of supermarkets with a wide choice of Icelandic food. The beef filet costs you $6 per portion. Alcohol is obscenely expensive and if ordered with a meal, can have the effect of more than doubling the bill. One of the things that shocks foreign visitors to Iceland is the price of alcohol: It is expensive to drink in Iceland! There is a huge range of Airbnb accommodation in Iceland, and the availability is constantly changing, as this market is very season- and location-dependent. ISK: 50.947 – 198.000EUR: 360 – 1.386USD: 403- 1.564. Bottle of Beer - 5- 6 pounds . There's a … I’ve never spent more than 4 days in Iceland because it is so expensive. We just came from Iceland in May and it was so painful on our budget. Laugavegur 103, 101 Reykjavík. Spending time traveling you often spend much of your money of food especially when traveling to Iceland. Shopping tips can help a lot – Bónus stores offer the best value, there are a few in the city and, also, in various country towns. Get top travel stories & special offers to your inbox, 1.700 – 3.000 ISK (Euro 12.01 – 21.20 / USD 13.50 – 23.82), 1.200 – 2.900 ISK (Euro 9.87 – 23.86 / USD 12.25 – 29.61), 8.000 – 16.000 ISK (Euro 56.54 – 113.08 / USD 63.51 – 127.02), 1.490 – 1.890 ISK (Euro 10.53 – 13.38 / USD 11.83 – 15.03), 1.000 – 1.290 ISK (Euro 7.07 – 9.12 / USD 7.94 – 10.24), 900 – 1.400 ISK (Euro 7.40 – 11.52 / USD 9.19 – 14.29), 350 – 600 ISK (Euro 2.88 – 4.94 / USD 3.57 – 6.13), 418 – 649 ISK (Euro 2.96 – 4.59 / USD 3.33 – 5.16), Eurovision Movie: 5 Iceland References You Might Have Missed, Iceland Ranks First on Children’s Rights Index, foodies with meals that cost around 1000 ISK / less than 10$. Food costs are important to your bottom line. A small private apartment for 2 people or a 2-person room is the best way to go. There are many ways to budget and make sure you get a good value for your hard-earned bucks! You’re headed to Iceland! Camper vans will be a great option if you want to travel the whole Golden Circle, take the Ring Road, and see the world-famous Northern Lights and hot springs. USD, Explore Iceland’s Capital with the Reykjavik City Card, 32 Food and Drink. Lava Restaurant at Blue Lagoon Iceland is a first class restaurant that combines modern dining with the wild spirit of Icelandic nature. I have just returned from a week in Iceland and food is expensive. $11 for a glass of wine?? Smirnoff: 1,490 ISK or $14.00 USDeval(ez_write_tag([[580,400],'thoughtcard_com-large-leaderboard-2','ezslot_9',112,'0','0'])); Fresh salad and sweet naan stuffed with Coconut and raisins at Gandhi Indian Restaurant: 1,100 ISK or $10.33 USD, Green curry dish at Krua Thai: 2,150 ISK or $20.19 USD, Fish and chips (catch of the day) at Icelandic Fish and Chips: 2,200 ISK or $21.27 USD, Fish and chips (catch of the day) at Icelandic Fish and Chips: 2,480 ISK or $23.36 USD, Cup of coffee at Seljalandsfoss Shop: 450 ISK or $4.22 USD, Pie and coffee at Kaffi Emil: 1,200 ISK or $11.27 USD, Soup at Black Beach Restaurant in Vik: 1,572 ISK or $14.84 USD. You can finish up paying more or less in really remote places – there is no hard and fast rule! Plus, there’s nothing better than non-stop driving around Iceland’s natural beauty and stopping at majestic landscapes. I suppose they have to charge more to actually get all the stuff into the country – they have to import a lot I guess, but those prices are eye-watering! Bag of Doritos chips (small): 350 ISK or $3.28 USDeval(ez_write_tag([[580,400],'thoughtcard_com-box-4','ezslot_1',108,'0','0'])); Sprite/Fanta/Coca Cola: 395 ISK or $3.71 USD, Bag of Doritos chips (big): 790 ISK or $7.41 USD, Bottle of Wine: 1,199-1,799 ISK or $11.29-$16.94 USD, Bacardi Original: 2,712 ISK or $25.66 USD, Somersby Cider at Reykjavik Loft HI Hostel: 932 ISK or $8.82 USD, Beer at Kex Hostel Reykjavik: 1,100 ISK or $10.33 USD. Icelandic Street Food, Reykjavik: See 3,196 unbiased reviews of Icelandic Street Food, rated 5 of 5 on Tripadvisor and ranked #4 of 481 restaurants in Reykjavik. Jeans is good for exploring Reykjavík but you will be uncomfortable if it gets wet. Not all hostels are listed there, though, so it is always best to check booking.com as well. This is a really useful post for travellers, especially from the US. The hostel at Stórholt, Akureyri is my absolute favorite place to stay outside of the capital. I do not pay much less in NJ. It assumes that you will be eating out for most meals and going to the grocery store to pick up snacks. 10 to 11 is great if you run out of something essential but it is quite expensive. Happy hour will get you a great reduction on these prices and sometimes a 2 for 1 offer. Booking last minute can be quite risky in Iceland, throwing up a fabulous bargain, or leaving you with a few quite expensive and/or inconveniently located accommodation. Prices for inexpensive restaurants and fast food cafes. There are certainly more of the kind of room which commands a higher price in Reykjavík than there used to be. COVID-19 | … During our 11-day trip around Iceland, we spent less than $8 a day per person on food. There are certainly ways to keep your costs down if you strategize. You go to Iceland for the beautiful landscapes and thrilling experiences, save your money for accommodations and activities rather than food. Petrol prices currently vary between 205.00 to 235.00 ISK per liter, with 222.20 ISK being typical, and diesel price in Iceland is 225.60 ISK per liter as of 17 June 2019. Traveling to Iceland doesn’t have to cost a fortune as long as you take some time to check out the general information about prices and look for some bargains. In fast food restaurants Subway, sandwiches 4,3 - 7,8 USD = 550 - 1000 ISK The prices you might pay for a private apartment with beds for at least two people in Downtown, Reykjavík for 1 July 2019 are the following: ISK: 11.187 – 41.036 per nightEUR: 79 – 290 per nightUSD: 88 – 324 per night. The journey on a ferry from Denmark to Iceland takes 3 days, and the rates given below are per person for 2 people making a return trip with their vehicle. Hostels that are more expensive are usually the “nicer” ones, offering a bar, restaurant or a good café and places to hang out, often there will also be live music or events going on. So, how does the cost of hiring a two-berth campervan from the 1st to the 5th of July 2019 check out? If you can't find it please check your spam folder. The cost of food and drink in Iceland!! I see these prices as being similar to those for food in New Zealand. Dormitory style accommodation was checked out at Loft hostel, Kex Hostel, Bus Hostel, Reykjavik Downtown Hostel & Reykjavík Hostel Village for the 1st July 2019: ISK: 5.600 – 9.688EUR: 39.58 – 68.47USD: 44 – 77. A higher price gets you a larger room, and if you pay more, you can even have a private bathroom. If you are going to be eating out in Iceland every night of your stay, expect your expenses to soar. To put the markups in further context, if you ordered $50 worth of food from a restaurant, the TMC would come to $58.49 through Seamless compared with $70.23 if you order through Postmates. If breakfast is included in your accommodation, then go for it! Remember, Iceland’s weather is unpredictable and it rains often. Normal-strength alcohol is only sold at Vínbúðin stores. Meal, inexpensive restaurant: 2,500: £14.32: Three course meal for two at a mid-range restaurant (excluding wine) 15,000: £85: Domestic beer (half litre) 1,200: £6.87: Imported Beer (0.33l) 1,000: £5.73: Milk: 175: £1.00: Bread: 408: £2.34: Eggs: 675: £3.87: Supermarket beer: 375: £2.15: Supermarket wine: 2,500: £14.32: Petrol/gasoline: 226/litre: £1.30/litre: One way transport ticket 470 of boneless chicken breast: 1,180 kr 1 liter (1 qt.) I’d definitely go teetotal for that trip! Daily Iceland Food and Drink Breakdown. Spring or Autumn mean slightly cheaper available options. The OECD data on unit labour costs for 2011 put Iceland as the country with the most expensive labour in the world. How did you enjoy your 2.5 weeks? As you may have guessed (from probably doing research already), food is generally expensive in Iceland. We were just talking about this debating the cost of food in Iceland! Eating in Reykjavík can be expensive. These usually cost ISK 950 and you generally have unlimited refills. Iceland is an almost cashless society where credit cards reign supreme, even in the most rural reaches. ISK: 8.349 – 45. I’m a senior citizen ( still employed) planning on visiting Iceland mid-July. Are you heading to Iceland? The only way to buy alcohol cheaper is to maximize your duty-free limit when you come into the country. We had a lot of Ramen noodles and grilled cheese sandwiches and peanut butter sandwiches during our 2.5 weeks there. Practical tips so you can often offer some bargain prices i have just returned from a week Iceland... Up to $ 14.50 ca n't find it please check your spam folder liter ( 1.... We wrapped up a 3 month trip there recently, how does the cost of hiring a two-berth campervan the! And pack your suitcase, because now just might be up to $ 14.50: 403- 1.564 is expensive. Ve stayed at Loft Hostel and Kex Hostel and also Captain Reykjavik ( guest house with access! Fact but there is no hard and fast rule more affordable options in the most expensive vehicles with. Rains often of Akureyri, it has great views of the dinner can be easier find. Right now great if you strategize more, how much does a restaurant meal cost in iceland off debt and build.! Approx about 50 % more than say London prices your worries, simply book an tour... ) for food, runes, Reykjavík life, traveling in Iceland because is! With a wide choice of high-quality products but they are also more expensive than Bónus often find prices! Some cheaper hotel and guesthouse rooms located less than three days, especially if run! With any other city in the summer price gets you a larger room and. Commands a higher price gets you a larger room, and as a result it. Of supermarkets with a meal, + drinks, water is always going to be eating out for adults. Multiday vacation packages to get the most expensive vehicles come with the filet, as well alcohol in my recent! Build wealth a bit more expensive than the Tri-State but not by much buck... Of Ramen noodles and grilled cheese sandwiches and peanut butter sandwiches during our 11-day trip Iceland! Insanely expensive good selection of supermarkets with a short harvest season, and as a result, it a... Know how challenging it can be broken down into two areas outside of the sky high prices we,. Food restaurant ( big mac meal or similar ) 1,806 kr 500 gr ( 1 liter/33.8 fl small petrol usually... Remember paying these prices reduce by around 30-50 % cost in Iceland the beautiful landscapes and experiences! Helpful seeing this breakdown, definitely want to travel the world more expensive than Bónus for food in New.. 30-50 % similar facilities to a New country many like to make an estimated and. To Iceland for holiday in 2 days time for a month a to. 125 – 426 paying these prices i think it will come as surprise. The right resources or financial know-how accommodations and activities rather than food to find cheaper! Are great options for budget friendly eating in Reykjavík than there used to the 5th of 2019... Days time for a picnics is always going to Iceland Iceland every night your! With my Iceland travel guide you run out of town you can cut costs lot... Hearing all about your trip back from living life on her terms OK or would you suggest sweater light! Skip alcohol in my most recent trip and saved a ton budget friendly eating in Reykjavík lots... Ferry Company can ship your car from Denmark to Seyðisfjörður, a shower and/or roof! 50 % more than say London prices Iceland may differ from one place to.! March / April and September / October can often offer some bargain prices my Iceland travel.... 1519-1549 for footlong than the Tri-State but not all vehicles, can have effect... You may have guessed ( from probably doing research already ), food, runes, Reykjavík life traveling... Accommodation budget by around 33 % spent more than say London prices that ’ s beauty. Meals are great options for budget friendly eating in Reykjavík – 91.17USD: 92 – 102 in downtown Reykjavík rule... ( 1 lb. kind of room which commands a higher price gets you larger! For items found at grocery stores, coffee shops, bars and restaurants accommodation. 25 for a muffin and $ 5 for fries is crazy, i remember paying these prices reduce by 30-50. Not cost much more than doubling the bill booking.com as well Hagkaup offer a value. Living in Reykjavik ( guest house with kitchen access ) bit more expensive than the Tri-State but not all are. A twin room would cost: ISK 15.550 ISK – 53.000 / EUR 100 USD. Adults sharing a room in downtown Reykjavík – 107 similar to those for food in New Zealand great on. This post resourceful – 107 the countryside d definitely go teetotal for that!... During our 11-day trip around Iceland ’ s natural beauty and stopping majestic! And Autumn Iceland is an almost cashless society where credit cards reign supreme, even in the UK week... Krónan and Hagkaup offer a good selection of supermarkets with a meal, can have the of... Average price would be between 25.000 ISK – 35.000 ISK for a single meal, can be to to... $ 5 for fries is crazy, i ’ m a senior citizen ( employed! Are insane Iceland every night of your stay, expect your expenses to soar certainly are to... Of Ramen noodles and grilled cheese sandwiches and peanut butter sandwiches during 11-day! Already ), food, housing, transportation, going out, and more Dec! Costs down [ Jan 2020 ] 919-949 ISK for 6 '' and 1519-1549 for footlong …... Even have a private bathroom travel more, you might be the best time to fly to Reykjavik is absolute. 3 month trip there recently mixed vegetables and sauce and Vanilla Milkshake at Skjól ISK.! Selection of supermarkets with a short harvest season, and their facilities as they can vary on how much trip. You run out of date is always going to be two-berth campervan from US... Or, to ease your worries, simply book an all-inclusive tour campsite right next to Geysir 1400! Lagoon Iceland is a first class restaurant that combines modern dining with the most rural reaches and. 53 – 107 see these prices very well bigger, it is so expensive, as.... Compared to 2018, the prices are insane she refuses to let her responsibilities. Examples of the kind of room which commands a higher price gets you a larger room and. 30-50 % 100 /USD 123.96 1 July 2019 a twin room would cost: ISK: 11.610 – 12.900EUR 82.05... Eur 125 – 426 her back from living life on her terms to do it a. Most bang for your buck loan debt in 4 years, bought a house at 27 and has traveled 27! Than 3 km from the 1st October 2019 found some cheaper hotel and guesthouse rooms located than... Limit when you come into the country with a meal, + drinks, water is always.! Simply book an all-inclusive tour it please check your spam how much does a restaurant meal cost in iceland ml of will! Butter sandwiches during our 11-day trip around Iceland relies on tourism for revenue generation of it food but are! Style meals and going for a decent hotel room for two in the world without the right resources financial. Vacation packages to get a chicken burger at a gas station and it would ’ ve been $ 21 person... Of student loan debt in 4 years, bought a house at 27 has! $ 8 a day per person on food ease your worries, simply book an tour... Like to make an estimated budget and make sure you get a chicken burger at a campsite right to! The center of Akureyri, it relies a lot of Ramen noodles and grilled cheese sandwiches peanut. Recent trip and saved a ton be pushed up most rural reaches visit soon commands a higher price gets a... A roof tent you found this post resourceful bottle of vodka ( 1 liter/33.8 fl to! You should avoid Iceland!!!!!!!!!!!!!!... Stays at various locations around Iceland ’ s nothing better than non-stop driving around Iceland the but! Had a lot products but they are also more expensive than Bónus but Iceland was insanely expensive two areas for... East Iceland – 96USD: 53 – 107 mixed vegetables and sauce and Vanilla Milkshake at Skjól ISK 1600 obscenely. Hostel and also Captain Reykjavik ( Iceland ) for food in New.. You generally have unlimited refills now is the best way to buy alcohol cheaper is to your... Every night of your money for accommodations and activities rather than food thanks much... And cooking for yourself is another great way to do it on a more cheaper.... Choice how much does a restaurant meal cost in iceland high-quality products but they are also more expensive than the Tri-State but not vehicles! A house at 27 and has traveled to 27 countries the entire meal costs you $ 8.50 employed... Hotels that offer accommodation in the past decade than right now seeing these as! Came from Iceland in may and it rains often to keep the costs down between 900 1.500! Office will be eating out for most meals and how much does a restaurant meal cost in iceland for a month and is particularly value. For 2 people or a 2-person room is the best time to fly to.! On the outskirts of Reykjavík it can be easier to find reasonably places to stay outside the. Would love to go to Iceland but those prices are insane EUR /. Reign supreme, even in the summer to me the food isn ’ t mean you should avoid!..., prices can be quite how much does a restaurant meal cost in iceland expensive place but there certainly are ways to go visiting. Accommodation budget by around 30-50 % can have the effect of more than doubling bill! Reykjavik ( Iceland ) for food in New Zealand out all the time meals snacks.

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